Aramark director granted dividend-equivalent stock units
Aramark director Richard W. Dreiling received additional equity-based compensation through dividend equivalents.
Rhea-AI Filing Summary
Aramark director Richard W. Dreiling received additional equity-based compensation through dividend equivalents. On the transaction date, he acquired 39.978 dividend equivalent rights at no cost in connection with Aramark’s quarterly dividend, tied to deferred stock units he already holds. Following this award, his directly owned common stock and related units total 13,861.162 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 39.978 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred stock units held by the reporting person. These dividend equivalent rights vest on the same schedules as the underlying awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Aramark (ARMK) director Richard W. Dreiling report?
Richard W. Dreiling reported acquiring 39.978 dividend equivalent rights linked to deferred stock units. These arose from Aramark’s quarterly dividend and were granted at no cost, increasing his directly held common stock and related units to 13,861.162 shares.
What are dividend equivalent rights in the context of Aramark (ARMK) deferred stock units?
Dividend equivalent rights mirror dividends on deferred stock units by crediting additional units instead of cash. For Aramark, Dreiling’s 39.978 new rights accrued from the issuer’s quarterly dividend and vest on the same schedule as the underlying deferred awards.
Do the dividend equivalent rights granted to Richard W. Dreiling in Aramark (ARMK) vest immediately?
No, they vest on the same schedule as the underlying deferred stock unit awards. The Form 4 footnote specifies that the 39.978 dividend equivalent rights follow the existing vesting timelines tied to Dreiling’s prior equity-based compensation grants.
AI-generated analysis. How Rhea-AI works. Not financial advice.